We’re finally here! This week is an exciting one for us here at iWIN Real Estate as I’m a big fan of sharing investment strategies that I believe will help people and I’ve done a ton of research which all points to financing and investing in specific markets in the USA makes a lot of sense. I just got off the phone with our lone JV partner I want to sell because our insurance went up $500, our property tax will probably go up the same next year and who knows how much more after that, and move the capital to the States.
She agrees and will speak to her Accountant: Cherry, my wife on how she may do the same. Houses are so affordable in the States too that we don’t need to partner going forward since we’ll be buying houses that cash flow in the one hundred to three hundred thousand dollars range.
Good bye rent control, socialist business environment, Landlord Tenant Board and Residential Tenancy Act.
Back to the happenings of this week, on Saturday morning, Oct 21st I will be hosting our first ever US Investing Workshop in partnership with my friends Andrew Kim and SHARE (www.iwin.sharesfr.com), a tech based, US real estate Asset Manager and the only Canadian lender I know in Scott Dillingham of LendCity (email@example.com) who announced last month at our September iWIN Meeting that his Mortgage Brokerage can now offer mortgages on US investment properties.
The stars are aligning for, my 17 listeners for more options for investment not under a socialist government, without rent control, and I can diversify earning income in US dollars in sunny destinations. I know, I know, Alberta is all the rage, as my Alberta bull friends tell me, Alberta is the Texas of Canada BUT, getting mortgages for me is easier in the US than here and why not invest directly into Texas.
On a personal investing front, Cherry and I are starting to sell some of our portfolio here, specifically our student rentals to take profits, pay down some debts, and raise capital for our planned investments in the US. This is the slowest Fall market I can remember and I’ve been a Realtor since 2010… but thankfully student rentals are still in massive demand. I’ll keep you all posted in my journey including my research findings from my visits to Atlanta, Georgia, Ohio, and Texas over the next three months.
It’s a lot of work and travel, thankfully I’ll be with fellow real estate entrepreneur friends so we’ll try to have so fun on this journey and I can’t wait because I love to learn, share my findings and help more people along their journey towards financial peace.
There are tons of inflationary pressures on the way, hard assets and cash flow are one’s main defence hence I’ll always be on the hunt for the Truth About the best real estate investing for my fellow Canadians and you my loyal 17 listeners.
Systemized Management of 168 Units All Over Ontario and Cleveland with Lena Gurgis
On to this week’s show!
We have the lovely Lena Guirguis on the show!
Her Asset Management company NV Property Management since 2005 manages 168 units including 32 of her own. Her portfolio is incredibly diversified from owning a commercial flex space in Richmond, residential properties around the GTA and apartment buildings in Cleveland, Ohio.
Lena is the founder of Stilettos and Hammers, a networking and educational real estate investment network for investors at every stage. They’re evening hosting a Hallowe’en social on October 26th at night in Etobicoke, ON. Link in the show notes https://stilettosandhammers.com/event/halloween-social-networking-event/ or you can find details on https://stilettosandhammers.com/
On today’s show, Lena shares her journey of strategic growth of her business and portfolio in partnership with her commercial contractor husband. We discuss the state of today’s market and how she as a professional investor with established power team will invest going forward.
Lena came to Canada as an Iranian immigrant so be prepared for an inspiring example of what dedication, knowledge, talent and hard work can achieve.
I give you Lena Guirguis
Please enjoy the show!
This episode is brought to you by me! We don’t have sponsors for this show. I only share with you services owned by my wife Cherry and me. Real estate investing is a staple in my life and allowed me to build wealth and, more importantly, achieve financial peace about the future, knowing our retirement is taken care of and my kids will be able to afford a home when they grow up. If you, too, are interested in my systematic strategy to implement the #1 investment strategy, the same one pretty much all my guests are doing themselves, then go visit www.infinitywealth.ca/events and register for our next FREE Online Training Class. We will be back in person once legally allowed to do so, but for now, we are 100% virtual.
No need for you to reinvent the wheel; we have our system down pat. Again that’s www.infinitywealth.ca/events and register for the FREE Online Training Class.
HELP US OUT!
BEFORE YOU GO…
If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.
It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.
If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success.
New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.
We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best. In 2018, we again won the same award by the Real Estate Investment Network.
Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment. Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you.
I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics. The intersection of the two, talent and ethics is limited to a handful in each city or town.
Only work with the best is what my father always taught me. If you’re interested, drop us an email at firstname.lastname@example.org.
I hope to meet you at one of our meetups soon.
Again that’s email@example.com
Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year.
Just imagine what winning in real estate could do for you.
If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at firstname.lastname@example.org.
Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.
Till next time, just do it because I believe in you.
Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.